Catalyst Bancorp, Inc.

Catalyst Bancorp, Inc. is a holding company for Catalyst Bank, a federally chartered savings institution operating in Louisiana. The company provides a range of deposit products to retail and commercial customers, including demand accounts, NOW accounts, money market accounts, savings accounts, and certificates of deposit. On the lending side, Catalyst Bank originates single-family residential mortgages, commercial real estate loans, multi-family residential mortgages, commercial and industrial loans, construction and land loans, and consumer loans. The company also maintains an investment portfolio consisting of mortgage-backed securities, U.S. Treasury obligations, federal agency securities, state and municipal bonds, certificates of deposit at federally insured institutions, and federal funds.

Catalyst Bancorp operates as a small regional bank with 49 full-time employees and is based in Opelousas, Louisiana. The company was established in 1922 and remains focused on serving individuals and businesses within its Louisiana market. Its revenue streams derive from traditional banking operations including net interest income from loans and investments, deposit service fees, and investment income.